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G20 Compact: Germany pledges €243 billion for Africa

German Chancellor Angela Merkel this week met 11 African heads of state, international organizations and corporate leaders to promote a program launched last year to encourage private investment in Africa. The G20 Compact with Africa was open to all African countries but so far only 11 have joined: Benin, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, […]

Kenya Airways starts direct flights to US

Kenya Airways’ inaugural flight to the United States has landed at the John F. Kennedy International Airport on Monday, completing a historic flight that will shave up to seven hours off the tortuous journey that usually involves long layovers in Europe or the Middle East. Kenyan President Uhuru Kenyatta and some government officials were at […]

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Liverpool’s African duo Salah and Sadio nominated for Ballon d’Or

Mohamed Salah and Sadio Mane are the only African representatives on the shortlist for the best players in the world. The Liverpool duo has been named in the 55-man shortlist for 2018 Fifa FIFPro World11 following their stellar performances at Liverpool and for their respective countries. Salah is the first Egyptian player ever to be […]

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West Africa: BOAD to invest 50 billion FCFA in climate projects

The West African Development Bank (BOAD) has pledged to invest about 50 billion CFA francs to support climate projects in the region. The information was disclosed by the Head of the Climate Finance Division at BOAD, Ibrahima Traoré. The financial institution is mobilizing 45 billion CFA francs to finance any structuring project, public or private, […]

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Rapper Akon eyes solar investment program for Sierra Leone

Popular African-American Singer, record producer and philanthropist, Aliaume Damala Badara Akon Thiam has promised to provide 5,000 solar street lights and 2,500 traffic lights to support Sierra-Leone President Bio’s energy agenda. The Senegalese-American vocalist Akon known for his R&B-style vocals, met with the president in New York on the side-lines of the ongoing United Nations […]

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Angela Merkel on visit to Nigeria, Ghana, Senegal

German Chancellor Angela Merkel is undertaking this week a tour of three West African countries, namely Senegal, Ghana and Nigeria. The Chancellor is accompanied by a large economic delegation, deputy government spokeswoman, Ulrike Demmer said ahead of her trip. “All three countries face huge challenges when it comes to economic and social development,” the spokeswoman […]

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Senegal-Guinea: Alpha Condé recalls Guinea’s ambassador to Dakar

A low-intensity diplomatic war is simmering in West Africa, with the governments of Guinea and Senegal becoming increasingly petty in demonstrating their mutual dislike. On Monday Guinean President Alpha Condé, has recalled his ambassador to Senegal, state media reported. The presidential decree was published Monday by the RTG (Radio Television Guinéenne), Guinea’s national TV channel. […]

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Senegal’s jailed mayor Khalifa Sall to run for top Job

Senegal’s jailed former mayor of capital Dakar, Khalifa Sall, plans to run for president in February 2019, Reuters reported on Friday. Khalifa Sall, mayor of the capital Dakar, was sentenced to five years in prison for embezzling $3.4 million, charges that the 62-year-old politician had denied. His conviction bars him from next year’s elections, where […]

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Chinese President Xi Jinping seeks deeper economic ties with Senegal

Chinese President Xi Jinping arrived in Africa on Saturday for a four-nation visit during which he will be seeking deeper military and economic ties. It is the first overseas trip of Xi’s second term as president. In Senegal, the first leg of his Africa tour that will also take him to Rwanda and South Africa, […]

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WAEMU: Economic activity remains strong

Economic activity remains strong in West African Economic and Monetary Union (WAEMU) as countries of the regional bloc maintain their growth momentum. Forecasts predict a GDP growth of 6.8% for 2018, an improvement in compliance with the convergence criteria. Members of the West African Economic and Monetary Union, also known by its French acronym, UEMOA, […]

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